HomeGroupsTalkExploreZeitgeist
Search Site
This site uses cookies to deliver our services, improve performance, for analytics, and (if not signed in) for advertising. By using LibraryThing you acknowledge that you have read and understand our Terms of Service and Privacy Policy. Your use of the site and services is subject to these policies and terms.
Hide this

Results from Google Books

Click on a thumbnail to go to Google Books.

Loading...

The Mystery of Capital: Why Capitalism Triumphs in the West and Fails…

by Hernando de Soto

MembersReviewsPopularityAverage ratingMentions
1,142914,659 (4.04)4
A renowned economist's classic book on capitalism in the developing world, showing how property rights are the key to overcoming poverty "The hour of capitalism's greatest triumph," writes Hernando de Soto, "is, in the eyes of four-fifths of humanity, its hour of crisis." In The Mystery of Capital, the world-famous Peruvian economist takes up one of the most pressing questions the world faces today: Why do some countries succeed at capitalism while others fail? In strong opposition to the popular view that success is determined by cultural differences, de Soto finds that it actually has everything to do with the legal structure of property and property rights. Every developed nation in the world at one time went through the transformation from predominantly extralegal property arrangements, such as squatting on large estates, to a formal, unified legal property system. In the West we've forgotten that creating this system is what allowed people everywhere to leverage property into wealth. This persuasive book revolutionized our understanding of capital and points the way to a major transformation of the world economy.… (more)
  1. 00
    The Wealth and Poverty of Nations: Why Some are So Rich and Some So Poor by David S. Landes (br77rino)
    br77rino: De Soto does a wonderful job of making plain the problems of Third World capitalism.
Loading...

Sign up for LibraryThing to find out whether you'll like this book.

No current Talk conversations about this book.

» See also 4 mentions

Showing 1-5 of 9 (next | show all)
I have had the privilege of meeting the Hernando de Soto back in 2006 while attending training at his Institute for Liberty and Democracy in Lima. I can count among those who have also implemented in practice the theories that de Soto puts forward in the book, through my involvement in a joint policy research program on property rights in Albania. It is enriching and fascinating book to read, as well as both well researched and written. I am also proud to have contributed to editing its translation into Albanian. ( )
  Indrit | Dec 12, 2019 |
Excellent overview of how we use property to create capital and how most of the world does not have a system for documenting ownership. Most people live in an extralegal system. Has recommendations for changing the systems so that real capitalism can work. ( )
  ShadowBarbara | Jan 27, 2017 |
Only read half of this ( we get the idea ) although it is very good ( I also kept flashin on ' Thieves World ', the Asprin books ... hm ... ) ( )
  Baku-X | Jan 10, 2017 |
For Ed Feulner- With friendship and admiration as always, Hernando September 27, 2000
  efeulner | May 2, 2014 |
Only read half of this ( we get the idea ) although it is very good ( I also kept flashin on ' Thieves World ', the Asprin books ... hm ... ) ( )
  BakuDreamer | Sep 7, 2013 |
Showing 1-5 of 9 (next | show all)
no reviews | add a review

Belongs to Publisher Series

You must log in to edit Common Knowledge data.
For more help see the Common Knowledge help page.
Canonical title
Original title
Alternative titles
Original publication date
People/Characters
Important places
Important events
Related movies
Awards and honors
Epigraph
Dedication
To Mariano Cornejo, who showed me how
to stand firmly on the ground, and to
Duncan Macdonald, who taught me how to
navigate the stars.
First words
Quotations
Last words
Disambiguation notice
Publisher's editors
Blurbers
Original language
Canonical DDC/MDS
Canonical LCC

References to this work on external resources.

Wikipedia in English (3)

A renowned economist's classic book on capitalism in the developing world, showing how property rights are the key to overcoming poverty "The hour of capitalism's greatest triumph," writes Hernando de Soto, "is, in the eyes of four-fifths of humanity, its hour of crisis." In The Mystery of Capital, the world-famous Peruvian economist takes up one of the most pressing questions the world faces today: Why do some countries succeed at capitalism while others fail? In strong opposition to the popular view that success is determined by cultural differences, de Soto finds that it actually has everything to do with the legal structure of property and property rights. Every developed nation in the world at one time went through the transformation from predominantly extralegal property arrangements, such as squatting on large estates, to a formal, unified legal property system. In the West we've forgotten that creating this system is what allowed people everywhere to leverage property into wealth. This persuasive book revolutionized our understanding of capital and points the way to a major transformation of the world economy.

No library descriptions found.

Book description
Bien étayé sur le plan théorique , Le Mystère du capital s'appuie en outre sur une solide experience d'homme de terrain . Hernando de Soto conseille depuis des années les dirigeants de pays du Tiers monde et s'appuie ici sur une grande quantité de données chiffrées totalement ignorées des statistiques officielles.
Haiku summary

Popular covers

Quick Links

Rating

Average: (4.04)
0.5
1 2
1.5
2 6
2.5
3 21
3.5 5
4 51
4.5 3
5 46

Is this you?

Become a LibraryThing Author.

 

About | Contact | Privacy/Terms | Help/FAQs | Blog | Store | APIs | TinyCat | Legacy Libraries | Early Reviewers | Common Knowledge | 177,285,256 books! | Top bar: Always visible